IFGL Refractories
248.73
+10.45(+4.39%)
Market Cap₹1,717.50 Cr
PE Ratio59.02
Company Performance:
1D+4.39%
1M+4.90%
6M+47.02%
1Y-22.81%
5Y0.00%
View Company Insightsright
Latest news about IFGL Refractories
IFGL Refractories Posts Revenue Growth Amid Profit Decline in Q1 Aug 11, 2025
IFGL Refractories Extends Managing Director's Term Amid Leadership Transition and Reports Q1 Results Aug 09, 2025
IFGL Refractories Reports 56% Drop in Q1 Net Profit Despite Revenue Growth Aug 09, 2025
IFGL Refractories Reports Mixed Q4 Results, Approves 1:1 Bonus Share Issue May 26, 2025
More news about IFGL Refractories
07May 25
IFGL Refractories Announces ₹6 Per Share Interim Dividend for FY 2024-25
IFGL Refractories, a leading manufacturer of specialized refractories, has announced an interim dividend of ₹6.00 per equity share for the financial year 2024-25. This interim dividend signals the company's financial health and confidence in its near-term prospects. IFGL Refractories is known for producing specialized refractories used in industries such as steel, cement, and glass manufacturing.
23Apr 25
IFGL Refractories Expands Footprint with Strategic Land Acquisition in Kutch
IFGL Refractories Limited has purchased 16 acres 35 guntha of freehold agricultural land in Kutch, Gujarat for Rs 3.06 crores. The land, acquired for industrial purposes, signals potential expansion plans. The transaction, disclosed on April 23, 2025, is not a related party deal and requires approvals for industrial conversion.
21Apr 25
IFGL Refractories Secures Approval for New DBM Manufacturing Facility in Odisha
IFGL Refractories Limited has received approval from Odisha's State Level Single Window Clearance Authority to set up a new manufacturing facility for Dead Burned Magnesia (DBM) products. The facility, to be located on a 16.40-acre plot in Khurdha District, will produce DBM Fired Bricks, Ramming Mass, and Fetting Mass. This expansion is expected to increase the company's production capacity and strengthen its position in the refractory materials sector.
21Mar 25
IFGL Refractories Resumes Operations After Favorable Court Ruling
IFGL Refractories Limited has resumed activities on a 1.71-acre plot in Kalunga Industrial Estate near Rourkela, Odisha, following a favorable court decision on March 12, 2025. The 2nd Additional District Judge in Rourkela overturned a previous status quo order, allowing the company to operate on the leased land. Operations officially restarted on March 20, 2025, potentially impacting the company's operational capabilities and future growth prospects.
20Mar 25
IFGL Refractories Wins Court Appeal, Resumes Operations at Kalunga Industrial Estate
IFGL Refractories Limited has won a legal case allowing it to resume operations at a disputed 1.71-acre site in Kalunga Industrial Estate, Odisha. The Hon'ble 2nd Additional District Judge of Rourkela ruled in favor of the company on March 12, 2025, overturning a previous status quo order from June 8, 2023. IFGL officially restarted operations at the site on March 20, 2025. The company leased the plot from Orissa Industrial Infrastructure Development Corporation on March 27, 2023.
11Mar 25
IFGL Refractories Receives SEBI Warning for Disclosure Shortcomings
IFGL Refractories Limited has received an administrative warning from SEBI for non-compliance with disclosure requirements related to Related Party Transactions (RPTs) at their August 25, 2023 AGM. The company failed to provide all requisite disclosures as per SEBI's circular dated November 11, 2024. IFGL Refractories has acknowledged the warning, stating it won't impact financial performance. The company must discuss this in upcoming Audit Committee and Board meetings, and report back to SEBI within 10 days.
10Mar 25
IFGL Refractories Receives SEBI Warning for Disclosure Shortcomings
IFGL Refractories Limited has been issued an administrative warning by SEBI for failing to provide complete disclosures on Related Party Transactions (RPTs) in their Annual General Meeting notice. The company omitted key details including management information to the audit committee, justification for the transaction, and availability of valuation reports. IFGL acknowledges the warning, stating it won't impact financial performance, and commits to exercising caution in future disclosures. The company must discuss this with its Audit Committee and Board, report back to SEBI, and inform the Stock Exchange.
IFGL Refractories
248.73
+10.45
(+4.39%)
1 Year Returns:-22.81%
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